Tag: Andrew Tan

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Alliance Global boosts growth with P59B investment

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Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

Global expansion fuels Emperador earnings

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Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.

Emperador eyes 2025 recovery with shift to budget brandy amid global headwinds

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Emperador Inc., the liquor unit of billionaire Andrew Tan’s Alliance Global Group, is repositioning its brandy portfolio toward the lower-priced segment in a bid to recover from a difficult 2024, where net income dropped sharply on the back of weakening global demand and continued investment spending.

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Metro Retail tops P40B sales milestone 

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Metro Retail Stores Group, Inc. (MRSGI) surpassed the P40-billion sales mark for the first time in 2025, underscoring the resilience of consumer spending and the company's expansion-driven growth strategy amid a challenging retail environment.

Japan envoys join 2026 Manila forum on investment in former conflict zones

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Japanese Ambassador ENDO Kazuya and Minister for Economic Affairs YOKOTA Naobumi attended the 2026 International and Private Partners’ Forum (IPPF) at Manila Hotel, hosted by the Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU). The event gathered government officials, business leaders, diplomats, and international bodies to discuss opportunities, challenges, and partnerships for development, with this year’s focus on the readiness of conflict-affected areas for local and foreign investment.

PhilVolcs reports 7.8 earthquake in Mindanao

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A powerful earthquake rattled large parts of Mindanao early Monday, prompting the Philippine Institute of Volcanology and Seismology (Phivolcs) to warn of possible damage and expected aftershocks. General Santos City recorded Intensity 7, while Palimbang and Senator Ninoy Aquino in Sultan Kudarat experienced Intensity 6 shaking. Instrumental measurements peaked at Intensity 8 in Malapatan, Sarangani. The quake was also felt across Davao Region, Cotabato, the Zamboanga Peninsula, Caraga, and parts of the Visayas. Authorities are assessing potential damage as local governments monitor affected areas and advise residents to remain vigilant amid continuing seismic activity.

Green Lane pipeline hits P6.3T mark

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The Philippines’ fast-track Green Lane program has amassed a strategic investment pipeline exceeding P6.3 trillion, underscoring strong investor appetite for large-scale energy, infrastructure, and digital economy projects—even as most ventures remain years away from full implementation.

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